UK Companies House feature
BTL NO.3 LTD
Profile
- Company number
- 14264217
- Status
- Active
- Incorporation
- 2022-07-29
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 64922
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of their assessment of the Company's financial position and that of its ultimate controlling party, Lendinvest plc, the Company's Directors have a reasonable expectation that the Company will be able to continue in operational existence for the foreseeable future.”
Significant events
- “On 6 November 2024, the business successfully completed its sixth public market securitisation transaction in respect of a £121 million mixed BTL and owner-occupied loan portfolio. The Company successfully repaid its senior, mezzanine, and subordinated debt, while also reducing the excess lending capacity in its warehouse facilities by approximately £115 million, leading to lower ongoing commitment fees.”
- “After the year-end, on 23 May 2025, the Company entered into a Deed Poll with LendInvest BTL Limited to restructure its subordinated loan facility. Under the terms of this deed, the lender released the Company from specific repayment obligations, resulting in a write-down of the principal debt to £9,570,000. Additionally, the Company was released from the obligation to pay historical accrued interest, with new interest accruals commencing on the restated principal balance from 1 May 2025.”
- “On 27 October 2025, the business successfully completed its seventh public market securitisation transaction in respect of a £168.6m mixed BTL and owner-occupied loan portfolio. The Company successfully repaid its senior, mezzanine, and subordinated debt, while also reducing the excess lending capacity in its warehouse facilities by approximately £155 million on 27 October 2025 and additional £13.6m on 1st on December 2025, leading to lower ongoing commitment fees.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAW DEBENTURE CORPORATE SERVICES LIMITED | Corporate Secretary | 2022-07-29 | — | — |
| FILER, Mark Howard | Director | 2022-07-29 | Jun 1967 | British |
| L.D.C. SECURITISATION DIRECTOR NO. 1 LIMITED | Corporate Director | 2022-07-29 | — | — |
| L.D.C. SECURITISATION DIRECTOR NO. 2 LIMITED | Corporate Director | 2022-07-29 | — | — |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Law Debenture Intermediary Corporation P.L.C. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-07-29 | Active |
Filing timeline
Last 17 of 17 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-22 | AA | accounts | accounts with accounts type full |
| 2025-08-21 | AA | accounts | accounts with accounts type full |
| 2025-07-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-06-16 | AA01 | accounts | change account reference date company previous shortened |
| 2025-03-19 | AA01 | accounts | change account reference date company previous shortened |
| 2024-12-20 | AA01 | accounts | change account reference date company previous shortened |
| 2024-07-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-26 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-07-01 | AA | accounts | accounts with accounts type full |
| 2024-06-15 | DISS40 | gazette | gazette filings brought up to date |
| 2024-05-28 | GAZ1 | gazette | gazette notice compulsory |
| 2023-08-10 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-01-23 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-10-05 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-09-08 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-08-09 | AA01 | accounts | change account reference date company current shortened |
| 2022-07-29 | NEWINC | incorporation | incorporation company |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory